E Ink buys majority stake in fellow e-paper maker SiPix
updated 11:55 am EDT, Fri August 3, 2012
The deal is expected to conclude by year's end
SiPix Technology will soon be majority owned by fellow e-paper display maker E Ink, the company revealed on Friday. Initially, 82.7 percent of SiPix will be owned by E Ink, but in the longer term, E Ink plans to buy out all of the company, which should cost nearly $50 million. SiPix and SiPix Imagine technology will be integrated into future E Ink products after the deal goes through.
E Ink already supplies screens for the Kindle, NOOK, Sony Reader and other popular devices. Initially, SiPix displays will be put into the next-generation of these devices, but some of the underlying behind-the-scenes technologies from SiPix may eventually be integrated as well. This may include SiPix' e-paper that can play back videos, albeit fairly slowly.
